UPDATE 1-DaimlerChrysler gains on talk of more job cuts

Newswire

(Adds details, background) FRANKFURT, Jan 24 (Reuters) - DaimlerChrysler stock firmed on Tuesday on expectations that the world's fifth-biggest carmaker will announce more job cuts, especially at headquarters near Stuttgart, to hone its competitive edge. "I don't think we should be astonished to see this happen," said Sal. Oppenheim analyst Michael Raab, noting new Chief Executive Dieter Zetsche had indicated in recent newspaper interviews that he saw headquarters as top-heavy. Media ...

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